Froggy Jumps Taxes Vocabulary Multiple Choice GameOnline version Test your knowledge on vocabulary terms about taxes. This activity is for high school students. by Arizona Bar Foundation 1 Payments made to the government that are withheld from income. a Taxes b Gross Pay c Net Pay 2 The total amount of salary paid before any deductions are taken out. a Gross Pay b Net Pay c Medicare 3 The amount of salary received after taxes and deductions have been taken out. a Net Pay b Gross Pay c Medicare 4 Money taken out of a paycheck for retirement accounts and eligible medical and dental insurance plans. a Deductions b Net Pay c Gross Pay 5 Withholdings that go into the federal health insurance program for people 65 and older and also for people with disabilities. a Medicare b 401k c Gross Pay 6 Withholdings that go into the federal government program that provides income support to people who are unemployed, disabled, or over the age of 65. a Social Security b 401k c Medicare 7 Taxes taken out of a paycheck that go to the state government. a Federal Income Tax b State Income Tax c Social Security 8 Taxes taken out of a paycheck that go to the federal government. a Federal Income Tax b State Income Tax c Social Security 9 This is an investment account that is used for retirement. Income paid to this account is tax-deferred, which means that taxes generally are not paid until retirement. a 401(k) b Social Security c Medicare 10 Depending on where you live and work, these are taxes taken out of a paycheck that go to the city/local government. a City/Local Income Tax b State Income Tax c Social Security
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